Cape of Cetus Corp. on the NIH Budget and Competitiveness

While working in his family's pharmaceutical business in Montreal in the mid-1960s, Ronald E. Cape was among those who saw commercial possibilities in the unfolding mystery of DNA. Cape, who had a B.A. in chemistry from Princeton University and an M.B.A. from Harvard University, decided to study biochemistry. After receiving a Ph.D. from McGill University, he did postdoctoral work in genetics at the University of California at Berkeley. In 1971 he co-founded Cetus Corporation and became its chai

| 10 min read

Save for Later

Listen with Speechify

0:00

10:00

In 1971 he co-founded Cetus Corporation and became its chairman, president and chief executive officer. The Emeryville, Calif., company was taken public in 1981 and has grown into one of the world's leading biotech firms, with 1986 revenues of $50 million. The therapeutic products it has been developing to combat cancer and infectious diseases include interleukin-2, beta interferon and tumor necrosis factor. In partnerships with other corporations, Cetus also is exploring bioengineering opportunities in food, agriculture, animal health care, instrumentation and diagnostics.

Cape, who relinquished his title of chief executive in 1983 is a past president of the Industrial Biotechnology Association. He was interviewed February 9 at The Scientist's Washington office by editor Tabitha M. Powledge. This is an edited version of their talk.

I'm being, as you say, pragmatic, but it's important that the people who make the financial decisions know this, because there's always the tendency to believe ...

Interested in reading more?

Become a Member of

Receive full access to digital editions of The Scientist, as well as TS Digest, feature stories, more than 35 years of archives, and much more!

Join for free today

Already a member? Login Here